Form 4: SouthState Bank Director Boosts Stake

SouthState Bank Director Douglas J. Hertz acquired 1,136 common shares through RSU vesting, increasing his direct beneficial ownership to 17,460 shares.

Summary

• Douglas J. Hertz, a Director of SouthState Bank Corp (SSB), acquired 1,136 shares of common stock.
• The acquisition occurred on November 1, 2025, at a price of $0.00 per share.
• These shares were issued as a result of the time-vested Restricted Share Units (RSUs) granted on May 1, 2025.
• The RSUs cliff vested on November 1, 2025, as part of the stock component of annual director fees.
• Following this transaction, Douglas J. Hertz directly beneficially owns 17,460 shares of SouthState Bank Corp common stock.

Sentiment

Score: 6

Explanation: The vesting of RSUs and subsequent increase in a director's beneficial ownership is generally a neutral to slightly positive event, indicating standard compensation and continued alignment of interests with shareholders.

Positives

• A director increasing their beneficial ownership, even through vesting, can signal confidence in the company's future prospects.

Stakeholder Impact

• Shareholders: The increase in a director's direct ownership aligns management's interests with shareholder value creation.

Key Dates

Keywords

SouthState Bank Corp, SSB, Douglas J. Hertz, Director, Insider Transaction, Form 4, Restricted Share Units, RSU Vesting, Common Stock, Beneficial Ownership